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Grandads Flowers had revenues of $740,000 in March. Fixed costs in March were $207,200 and profit was $162,800. a. What was the contribution margin percentage?
Grandads Flowers had revenues of $740,000 in March. Fixed costs in March were $207,200 and profit was $162,800.
a. What was the contribution margin percentage?
b. What monthly sales volume (in dollars) would be needed to break-even? (Do not round intermediate calculations. Round final answers to the nearest whole dollars.)
c. What was the margin of safety for March?
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